Norway's producer prices tumbled by 14.4 percent year-on-year in June 2020, after a 17.5 percent plunge in the previous month. It was the thirteenth straight month of decline in produces prices as prices decreased for all categories: energy goods (-38.1 percent vs -44.1 percent in May); extraction and related services (-33.6 percent vs -38.0 percent); manufacturing (-2.2 percent vs -3.3 percent); and electricity, gas, and steam (-29.1 percent vs -28.8 percent). On a monthly basis, producer prices fell 1.3 percent in June, after a 2.7 percent drop in May.
Producer Prices Change in Norway averaged 5.07 percent from 2000 until 2020, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.70 percent in November of 2001. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Norway
Producer Prices Change in Norway is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Norway to stand at 7.90 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 4.00 percent in 2021 and 2.20 percent in 2022, according to our econometric models.